About ARAS Residence
ARAS Residence is a residential building by A R A S Real Estate Development, in Wadi Al Safa 3, Dubai. It rises 11 storeys (a ground floor, 2 podium levels, 8 floors and a roof), built as a concrete structure with internal and external finishes. The project comprises 96 homes.
Key information
Developer
A R A S Real Estate Development
- Handover
- Q2 2022
- Status
- Handed over
- Location
- Wadi Al Safa 3, Dubai
- Master project
- Majan
- Construction started
- 2020
- Number of buildings
- 1
- Number of units
- 96
- Registered with DLD
- 10 May 2021
- Escrow bank
- Emirates NBD
- Escrow account no.
- 0205738667605
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2020
- Handed overQ2 2022
Construction progress
57 inspection photos from the Dubai Land Department. Latest 31 Aug 2022 at 100% complete.
Amenities
Physical features recorded on the Dubai Land Department buildings register.
Swimming Pool
Covered Parking
2 Elevators
11 Floors
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
131
Median price
AED 700K
Median price / sqft
AED 886+247%
Off-plan share
69%
Priced 36% below than the Wadi Al Safa 3 median of AED 1K/sqft.
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| Studio | 48 | 454 sqft | AED 438K | AED 971 |
| 1 Bed | 58 | 900 sqft | AED 768K | AED 866 |
| 2 Bed | 23 | 1,254 sqft | AED 1.0M | AED 813 |
| 3 Bed | 1 | 2,444 sqft | AED 1.7M | AED 700 |
Price per sqft by year
+247% since 2019AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 05 Aug 2026 | Resale | 818 sqft | AED 870K | AED 1K |
| 30 Jul 2026 | Resale | 857 sqft | AED 725K | AED 846 |
| 05 May 2026 | Resale | 818 sqft | AED 828K | AED 1K |
| 09 Apr 2026 | Resale | 1,176 sqft | AED 1.4M | AED 1K |
| 16 Feb 2026 | Resale | 1,176 sqft | AED 1.3M | AED 1K |
| 04 Feb 2026 | Resale | 769 sqft | AED 1.0M | AED 1K |
| 12 Jan 2026 | Resale | 1,176 sqft | AED 1.1M | AED 935 |
| 24 Dec 2025 | Resale | 463 sqft | AED 475K | AED 1K |
Unit mix
96 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| Studio | 38 | 431 - 668 sqft |
| 1 B/R | 41 | 769 - 1,198 sqft |
| 2 B/R | 16 | 1,176 - 2,120 sqft |
| 3 B/R | 1 | 2,449 sqft |
Payment plan
Payment plans are set by A R and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.
Request the payment planLocation
Approximate location in Wadi Al Safa 3, Dubai.
Wadi Al Safa 3
Dubai, United Arab Emirates
Frequently asked questions
ARAS Residence has already been handed over (Q2 2022), according to Dubai Land Department records.
